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FOX Business
Jan 27, 2013 2:30am EST
the internet . two golf greats, driving a message to tax happy lawmakers. see if their message is heard. cashin in kicks off right now. good morning, i am eric bowl glad you are joining us. mr. wayne rogers and johnathon honic and tracey burns and sandra smith and dennis. welcome everyone. forget the pay roll tax hike and fiscal cliff deal. senator chuck schumer making no secret tax hikes are coming. tracey much like phil mickleson enough is enough. >> eric enough is enough. i barely saw my paycheck. i am glad phil mickleson spoke out. he can leave and go to another one of his homes if the estate taxes are too high. >> i can't. unless we move the new york study is itio. i got to live near my job. i don't have that luxury. >> johnathon aren't we taxed enough already. >> we are indeed . states like new york and eric you are talking about 60 percent of your earnings. no wonder they are leaving in droves. high taxes, taxings are forced. high taxes prompt an exodus whether tiger woods or going back to the uk in the 70s, the rolling stonings. if you work and don't get to keep the product of your labo
FOX News
Jan 26, 2013 11:00am PST
, pro golfer, says that high taxes may drive him out of california. we've got discussisuggestions w should consider if he moves. and hillary clinton, her legacy as she prepares to leave washington at least for now. now. >> we will respond to the threat of climate change, knowing the failure to do so would betray our children and future generations. >> paul: welcome to the journal editorial report, i'm paul gigot. that was president obama in his inaugural address monday, promising to make global warming a top priority in a second term, it's an issue that is sure to bring some fierce policy showdowns, the first of which may come under the keystone xl pipeline since 2008. and a revised route through nebraska this week, the final hurdle to the project at the state level and 53 senators, including 9 democrats sent a letter to the white house on wednesday urging president obama to expedite its approval. and joining the panel this week, wall street journal assistant page editor, james freeman and senior economics writer steve moore and washington columnist kim strassel. kim, where did tha
FOX News
Jan 27, 2013 12:00pm PST
in his second term. why that may end up costing you big. plus, pro-golfer phil mickelson says high taxes may drive him out of california. we've got some suggestions on what states he should consider if he moves. and hillary clinton's swan song. look at her performance this week on capitol hill and her legacy as she prepares to leave washington, at least for now. >> we will respond to the threat of climate change. knowing that the failure to do would betray our children and future generations. [cheers and applause] >> welcome to the journal. editorial report. i'm paul gigo. that was president obamahi prom messing promising to make global warming. first may come over the keystone excel oil pipeline which has been under review since 2008. governor proposed a revised route for the pipeline through nebraska this week. the final hurdle to the project at the state level. and 53 senators, including nine democrats sent a letter to the white house on wednesday s urging president obama to expedite its approval. joining the panel this week "wall street journal" assistantan editorial page editor jam
FOX Business
Jan 28, 2013 8:00pm EST
they are launching a full frontal assault on republicans and your privacy. but next, all the tax many money democrats got from their fiscal cliff win is all lost. how they spent it in one boat. officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >> the agreement being worked on right now to further reduce the deficit by asking the wealthiest 2% of americans to pay higher taxes for the first time in two decades. liz: really, reduce the deficit? that did not take long. all of that new tax money drummed up by raising rates on the upper bracket is gone. congress spending it all in one boat. says this is proof positive tax hikes alone won't be what fixes our debt. >> that is absolutely right. members of congress, particularly democrats getting reelected and help putting america back on a path for fiscal sanity. they will not be fiscal sanity. liz: it was just so ugly, whole group of taxpayers and dr. norse attacked, basically now resting the president whipping fas
FOX Business
Jan 28, 2013 11:00pm EST
frontal assault on republicans and your privacy. but next, all the tax many money democrats got from their fiscal cliff win is all lost. cliff win is all lost. how they officemax knows... cliff win is all lost. how they ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. have given way to sleeping. tossing and turning where sleepless nights yield to restful sleep. and lunesta®(eszopiclone) can help you get there. like it has for so many people before. when taking lunesta, don't drive or operate machinery until you feel fully awake. walking, eating, driving, or engaging in other activities while asleep, without remembering it the next day, have been reported. lunesta should not be taken together with alcohol. abnormal behaviors may include aggressiveness, agitation, hallucinations, or confusion. in depressed patients, worsening of depression, including risk of suicide, may occur. alcohol may increase these risks. allergic reactions such as tongue or throat swel
CSPAN
Jan 27, 2013 7:00am EST
cuomo from erik. james says in connecticut there are two major problems, the deficit and more taxes. both problems are created by one party rule. what are the big issues in your state? join that conversation on facebook by looking for c-span. let us take a look at the balance of power in state. we can see here who controls the governors' seats. 30 republicans states in red, 19 democratic, and one independent in rhode island. but as your what ray has to say on our democrats line. caller: good morning. i wanted to say that i believe here in the state of texas -- our standard of living is what keeps is going. nobody can live on $7.25 hour. our standard of living is so below the economy it should be at $12 per hour. everything is so expensive right now. it should be, at the very least, $12 per hour. host: you are calling to raise the minimum wage? caller: yes, ma'am. if everybody makes at least $12 an hour, this country would boom so fast. here in the state of texas -- i think it is everywhere. the corruption of the governor and the mayor. big corporate donors, big business owners. they
FOX Business
Jan 25, 2013 9:20am EST
. and there is money moving away from high tax states and moving to lower or no tax states. and travis wrote the book "how money walks", a pleasure to be here. stuart: we've got the fancy technology and the number one state where money is walking away. the number one state. right here in new york, we've seen a loss the last 15 years internal revenue service and u.s. census bureau combined. 58 billion out of the state. stuart: there's new york and 58 billion out. >> going to the other places. stuart: is california second? >> that's right you've got nearly 32 billion dollars migrated out. adjusted growth income out of california to the other states. stuart: hold on, talking adjusted gross income. california 31 billion dollars worth of income, that means middle class, wealthier people, they're the ones who moved out taking that money with them. income out. >> that's right, we're looking at 1040 tax returns, taxpayer mobility and not just talking professional golfers or presidents of state. we're talking about working families and all sizes of businesses and going all over the country. stuart: is there
CNBC
Jan 31, 2013 4:00pm EST
, in addition to the payroll tax increased, we want to be cautious around u.s. large-cap stock. we see what happens when interest rates go up. there will be a limit to how high rates will get but will trudge higher here on the ten-year. be careful there. >> a good point in terms of the emerging markets. how do you want to play that and participate in this, etfs or what? >> we try to find managers that try to find a little bit of alpha on that within the various markets. you could do etf iffy want to get in and try to find a manager. there's been able to the last five of the years. >> one of the things about imerging markets that peel don't understand, the ones that are growing the fastest also pay the highest difficult dense. i think can you pla i it with etfs and to it with lower volume etfs. ent rim into that space can be easier and cheaper as well. >> low volatility and better performance, so it's almost a holy grail type of approach. >> and there are a handful of etfs that do just that. >> rick santelli, the jury is still out on whether or not it's official, whether we're actually seein
FOX Business
Jan 27, 2013 1:30am EST
and the no new taxes pledge and the black caucus, threats against anyone who cuts any hint of services and entitlements. scared of the aarp, ending anything having to do with retirement or medicare. >> and in the end of the day we'll be in default and like the story, f. scott fitzgerald-- or hemingway, went broke during the crash and he asked how it happened and he said gradually and then all at once, that's what will happen to us. >> one thing at that doesn't stop, the meter, the debt meter, mountain of debt. >> on and on. the average family in this country $52,000 your share of the federal debt and let me tell you, even if the left and right agree where to cut and give you an example here, there is an example, the christopher columbus foundation, $450,000 line item in the budget and congress tried to kill it it seven times, seven times this program continues to this date. and the president tried to kill this program. it still goes on, and these guys can't save money for love or money. >> and charlie, were you standing up for the christopher columbus thing? or were you the one in the
CNBC
Jan 31, 2013 7:00pm EST
, larry, and you can't tax an economy in the prosperity period. >> look, ideally you would say okay, we're going to freeze government spending at this level and that would mean over time it is going to fall as a percentage of the economy, but you can't ever get congress to do that, right? so it always ends up being something very harsh to get things done. and so this is the consequence that you have to face. at least in the short term. that you're going to have a short-term hit to gdp. but in the long run, the numbers are going to be better for the united states. >> most of that stuff is transfer payments. >> agreed. >> it will not even affect gdp. defense purchases do affect gdp. but to america since nobody ever wants to cut spending -- >> you got to cut somewhere. >> and i would do it right now. >> and it will only happen during bad times, larry. it will never happen during good times. we see that over and over again, when the economy is going gang busters, the government just chooses to spend more. it's in its nature. you have to do it when it's tough. >> lower spending means a stron
FOX Business
Jan 24, 2013 12:00am EST
's taxes. with taxes spiking the rich are fleeing for the borders. how much can the state take from the wealthy before there is nothing left? today's "money" power panel weighs in. >> didn't think new york apartments could get any smaller? oh how wrong you are. micro apartment are coming to the big apple. could the miniature spaces bring big profits to the developers and will they spread to more cities? one of the architects is here with the details. even when they say it's not, it's always about money. melissa: first let's look at the day's market headlines and today's market moment. the beat goes on for the bulls. strong earnings from the likes of ibm, and google helped give a boost to stocks. the dow and s&p 500 hit fresh five-year highs. the blue-chips rose 66 points. apple earnings are sliding after-hours. the company reported fiscal first-quarter earnings just a short time ago, beat expectations on the bottom line. came in a bit light on revenues. mcdonald's shares climbed. it beat expectations on the top and bottom line in the fourth quarter. also reported a solid rebound in
FOX Business
Jan 29, 2013 9:20am EST
to the death. worse yet, storm relief wipes out a big chunk of the extra revenue from taxing the rich. that should bring in $80 billion cut was supposed to reduce the deficit, it will not. much of it goes right out the door all over again. we can all debate the wisdom and necessity of massive emergency spending for just charging it to the national credit card shows we are not really serious about controlling our death. 16.5 trillion now, 17 trillion by the falcons would have doubled in the eight years in office. lieve your financial advisor should focus on your long-term goals, not their short-term agenda. [ male announcer ] join the nearly 7 million investors who think like you do. face time and think time make a difference. at edward jones, is how we make sense of investing. stuart: good morning vardy and company viewers. it is do-or-die for research in motion. the blackberr blackberry people. very much on the line. here's what we know. the phone will be a touch screen and have a virtual keyboard. also will have a brand-new operating system. so far the device is getting good reviews
FOX Business
Jan 30, 2013 9:00pm EST
class means more growth overall. i agree about the payroll tax cut and i wish that had not gone away. i do not think that was a good moment for us to go away. i'm on board with that. but i have to tell you that i don't want to lay blame here, but i'm going to. that is all because of congressional republicans. they did not want to see that. [talking over each other] [talking over each other] charles: hold on, hold on. one at a time. is it possible to raise taxes and grow the economy simultaneously? >> absolutely. i don't think that's the best model, i think the economy can grow in spite of that. >> you have art he said that we need to put the taxes on the back burner? >> absolutely. the one we will finish this later. we will have you guys back again soon. thank you all for watching this show. we will have you back soon. t bul you hear what we found out about made in america. also, markets hit new highs. what's driving the latest run? can it last? your smart fun about to shame you in public. tonight, we have the apps that keep you in line and on time. "the willis report" is on the case. g
CNBC
Jan 23, 2013 7:00pm EST
the payroll tax cut will cut into consumer discretionary spending down the line. apples ipads and iphones sold a lot but the profit margin was slim. is this a company story where the company is in trouble after the great steve jobs has passed snarp. >> it feels that way, larry. we've got this darling-to-dog story we've seen so often notice tech space. we have a gadget company in the tech space that's struggling with margins on its gadgets and a lot of the worst fears that they would face other gadgets from other kinds of companies seem to be coming to pass, but the service tech companies like google and netflix, they're all of a sudden out there increasing share. >> knock the cover off the ball. >> knock the cover on. and as long as you have a razor blade story and not a razor story, i think that's the difference peer. >> dave goldman, am i wrong? sometimes ji am very wrong. does this forecast a stronger american economy, even a moderately stronger economy? >> absolutely not. i was a raging bull in 2012. i'm neutral on it. the s&p is trading tick for tick with liquidity measures, such as infla
CNBC
Jan 24, 2013 4:00pm EST
majority leader eric cantor is there and says the to leaders tax eswill not sigo up. you're watching cnbc, first in business worldwide. >>> we have had a busy, a barrage of earnings. we've had microsoft and at&t and starbucks, all posting their latest quarterly results minutes ago right here on the show. let's get a roundup now that we've had time to digest and read through all the earnings action. rights, bertha? give it to us. >> reporter: not full digestion but a tummy still full looking at the numbers. fiscal second quarter for microsoft beats by a penny. street looking for 75 cents. refnous more or less in line. actually had missed on both the top and bottom line last quarter. take a look at the reaction of the stock. we've got microsoft here. there we go. it's still down, however. sold 60 million windows 8 loy senses. no details on the surface sales. that's something else people may ask on the license call. at&t, strong on the bottom line, and actually missed on both the earnings for the same quarter last year. they said they saw smartphone fans, activated 18.6 iphones and 26% were
FOX News
Jan 23, 2013 6:00pm PST
tax, at the time with mubarak and the current president morsi is hardly someone demonstrated he's committed to keeping peace with israel. i want to take a moment and remind our president before he delivers the remaining parts of the deal to morsi, exactly who he's dealing with, mohammed morsi is a muslim brotherhood member, a 9/11 truther, called the israelis descendents of apes and pigs and called them vampires and killers and stands with the palestinians and told an iranian news agency he'll reconsider the camp david accord and pushed through a sharia focused constitution and one more thing, mr. president, he called you a liar and america the enemy. here with the reaction of the troubling story former new york mayor rudy guiliani. you know the first questions that come to my mind are, why would anyone give these planes when they likely will be used to attack israel? >> it's hard to figure out exactly what else they could be used for. explain to me where egypt is threatened. egypt is not threatened by saudi arabia, egypt is not threatened by iran. egypt is not threatened by rus
FOX Business
Jan 30, 2013 12:00am EST
. ♪ officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ♪ melissa: so call it a potential hackers haven, but chattanooga hoping to offer the fastest internet structure in the country. if that's not enough for you, they instituted a new program called geek moves that covers mortgage and moving excepts for ten lucky techs. one innovative program instituted hoping to spark a tech revolution in tennessee. here to explap is the chattanooga mayor who i think is a genius. thank you for coming on the show. we appreciate your time. >> glad to be with you. melissa: why did you decide technology was key? what made you focus on that? >> well, we had a choice of rebuilding the old electrical system that receivers the city or building something for the future, and even though it was initially more costly, we felt the future was more compelling than the past. chattanooga's an old industrial city. this is new infrastructure. fiber to the home is something othe
MSNBC
Jan 31, 2013 12:00pm PST
basically extended the bush tax cuts for those under $450,000, modified the state tax, moved the capital gains rate up to 20%, was that a good or bad deal for the american people? >> we don't know yet because what we did is half of the budget. the tax cut part of the budget. we didn't do how to pay for it part of the budget. the problem that we have gotten ourselves in to is people trying to do budgets as if the taxes and spending are unrelated. they keep talking about reducing the size of government with unspecified cuts or to spending problem, not a taxing problem. but when you try to pin people down on numbers, you find out that what they're talking about is spending too much money on social security, medicare, head start, transportation or even embassy security. if you look at the budget last couple of years, embassy security was being cut so when they talk about these cuts, without specifying them, you're not really doing a budget. we passed -- we passed a -- almost $4 trillion tax cut without an indication of how to be paid for. now we have the sequester kind of hanging over our he
KICU
Jan 29, 2013 4:00am PST
skype. good morning.. is paying taxes the impetus behind the move? > >yes it certainly has created a tremendous amount of interest in states like new york, connecticut, and new jersey specifically continue to increase their business taxes. ceo's of hedge funds and private equity firms are calling palm beach county in record numbers. > > federal tax rates are the same in florida as they are in new york or anyplace else, but there is no state income tax in florida. are hedge fund owners actually revealing how much money they save by moving to your state? > > yes they are. we also have done an analysis. we have local accountants on board as part of our hedge fund committee team that have done comparisons and are tailoring comparisons based upon our taxes here in florida and the taxes that they are paying from their respective state. so, you look not only at the taxes---we don't pay a state personal income tax---but the cost of living here in palm beach county is significantly less compared to the northeast. > > what did you find out in the data? how much money? > > we're talking about
FOX Business
Jan 24, 2013 1:00pm EST
, requiring congress to not spend more than it makes, than it takes in in taxes. if you call taxation making money, but it can't spend more than it takes in. any traction on that? >> yeah. this is an idea, an old idea, whose time has timely come, and, you know, as polls show about 75% of all americans support this idea, most of the state legislatures operate the same way, and we need to do this because we need permanent structural spending reform so that we don't find ourselves back in the same position every six to 18 months in raising the debt limit. >> limit spending to 18% of the gross national product, 18%. right now, it's a rate of 23%. we're looking at some of the other things that you would do. you want a historical average of total federal receipts so congress is only run a deficit, increase taxes, or increase debt if agreed upon by a two-thirds vote. i like how it sounds, but it doesn't sound like you can get other politicians to agree to it? >> rome was not build in a day. it's in the a sell yet, but we have support in the senate for the idea of a balanced budget amendment. the la
CSPAN
Jan 28, 2013 5:00pm EST
the class war issue on taxes, which romney was not able to rebutt or make the argument for. look, let's be honest about this. romney was a man who spoke conservatism as a second language. you remember in one of the primary debates he wanted to show up as conservative as he was and he ran a severely conservative administration as governor of massachusetts. severe is a word you associate with head wounds and tropical storms. [laughter] >> not with the government. he had trouble making the case. we have a strong bench, half of whom is here at your conference, young governors, ryan, we have rubio in congress, a whole slew of gun governors, a generation who is adept, you could say marinated in conservative philosophy. thinking very deeply about a new kind of conservatism but they for their own reasons, some personal, some they were simply too new and young and raw, weren't quite ready to not run. we had a weak field in the primaries, extremely weak, of whom romney was obviously the best and only possible presidential candidate. you he was -- but he was weaker than the ones sitting on the b
KICU
Jan 30, 2013 4:00am PST
reform. say goodbye to the sticker price. how to talk down the cost of your car. deals on your tax returns could be too good to be true. and, luck of the zuck. a look at how america's youngest billionaire built the facebook empire. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's wednesday, january 30th. i'm angel miles. in today's first look: the blue chips turn green, very green. yesterday, the dow finished the session up 72 points to 13,954. the blue chips are now back to levels we have not seen since the financial crisis in 2007, when the dow hit an all-time high of 14,164. amazon amazes despite a drop in profits. last night the e- tailer reported strong holiday sales of its kindle e-readers and a boost in operating incomes. the federal reserve makes an announcement on rates today around 2:15 eastern, wrapping up a two-day meeting. and the senate has confirmed john kerry as the next secretary of state. joe cusick of optionsxpress join us now. joe, there is a lot to talk about this morning, inc
FOX Business
Jan 30, 2013 9:20am EST
is in this a lexus, the rich moving from high tax states to lower tax states like texas, arizona, tennessee, florida. joining us is ed butowksi, welcome back to the program. you are going to tell me about your clients, no names. clients of yours on the move, calif. out, some place else. you have got a gentleman moving from orange county to where? >> right into dallas. his number one reason was carries no reason to pay, the ceo of public companies that i'm done, moved to dallas, got an apartment and got much smaller but paying nothing in income-tax is because in the state of texas is a big zero. stuart: he has saved an enormous amount of money. >> a very wealthy man and really symbolic of what is happening throughout california. not just the rich. you hear people saying get me out, another client in san diego, not an extraordinarily wealthy person but has done well, retiring, said i am done, and move to idaho. stuart: anybody else in california moving? >> another thing. i manage professional athletes. when they negotiate their contracts one thing becomes of is they will go to california is taxes. how
CSPAN
Jan 29, 2013 7:00am EST
where republicans and democrats seem to agree that something needs to be done on tax issues or fiscal issues, where there has been an impasse for many years now. host: in terms of the principle, how detailed is the outline? are we talking about a bill taking shape or just a sketch at this point? caller: it is more of a sketch, the first step in trying to get an actual bill going. basically these are legislative goals that include four areas, one is a package, one is overhauling the existing system, another is establishing a way to ensure that there is less illegal hiring of workers, and another is to create a guest worker program. but those goals, we do not know how that will be achieved or worked out over the next few months. things are supposed to get going here as soon as next month. senator schumer and the other senators believe that they could have something by late spring, early summer. host: looking at "the san antonio news," we have this headline -- "upset republicans." what are you hearing about republicans getting things through? caller: house republicans do not seem to be o
CSPAN
Jan 29, 2013 8:00pm EST
including increasing the gasoline tax say you have some extra money. >> that is the definition of a no-brainer in terms of constructive policy. gas goes up and down by a large margin every year. if he could cap some of that infrastructure, it would be great. >> infrastructure, and tandem reform, gas tax -- entitlement reform, gas tax. who's in? >> i might be. >> no. >> i'm in. >> i will consider it. f the close of the deficitm, i'm in. >> depends on your definition of attach the reforms -- of you get into what those words really mean, and i began to say that is not reform. >> there is nothing in the plan that asks everyone to pay -- there is nothing that ask the wealthy to be part of the solution. >> what we have here is a disagreement as to the basic problem. we are still hearing talk about tax on the wealthy. we just got some tax on the wealthy. it will pay for about a week of running the federal government. if we confiscated everyone's income that make over 250,000 north, it pays for one year of the deficit. i am just saying, if we brought it down to what the president wante
FOX Business
Jan 31, 2013 12:00am EST
. >> we know that a strong middle class means more growth overall. i agree about the payroll tax cut and i wish that had not gone away. i do not think that was a good moment for us to go away. i'm on board with that. but i have to tell you that i don't want to lay blame here, but i'm going to. that is all because of congressional republicans. they did not want to see that. [talking over each other] [talking over each other] charles: hold on, hold on. one at a time. is it possible to raise taxes and grow the economy simultaneously? >> absolutely. i don't think that's the best model, i think the economy can grow in spite of that. >> you have art he said that we need to put the taxes on the back burner? >> absolutely. the one we will finish this later. we will have you guys back agai. david: friday numbers will be critical. melissa francis is next. melissa: i'm melissa francis and here's what's "money" tonight. what did boeing's management know and when did they know it? a new report says boeing was aware of the dreamliner's battery problems all along. so why wasn't anything done? we have a t
FOX Business
Jan 28, 2013 1:00pm EST
. when i came into office the governor and general assembly without my support passed a large income tax increase here in the january of twe ven. the sad thing we're now two years into the income tax increase and they raised money and not respond to the problem. i think this year, this spring session of the general assembly it will finally come home to reality. not only downgrades, moody's, fitch and standard have eight watches, warnings or downgrades since the income tax increase has gone into effect. what comes next the fiscal year fourth four, natural revenue growth from illinois coming from sales tax, gaming without tax increases is $600 million. but the reality of the amount of increased payments into the public pension systems is $945 million. i think they will have to deal with this $345 million spread. reality is --. melissa: dan, i applaud your optimism you think this will finally be the come to jesus moment where they realize there is huge problem but i don't know that is necessarily the case because we see california going down the same road. seems like politicians almost neve
WHUT
Jan 24, 2013 8:00am EST
are going to get into solutions. there is something they have been advancing called the robin hood tax. it is gaining steam, all kinds of americans are starting to buy into this. i want you to hear about a as one solution to the problem. please welcome roseanne. >> as we all know, wall street does not pay its fair share. there is a minimum of 50 cents on stocks. we all pay sales tax on everything that we buy. we sell something, we pay tax. this is paying to wall street -- you have gotten a pass. when you talk about jobs and education, i want to ask you, where are the jobs? they are not just trickling down or bubbling up -- there are no jobs in this country. i work for the labor movement -- it is being decimated by the right wing. i will talk about the financial transaction tax -- this is a part of the solution. i want to tell you, i represent registered nurses in the unions across this country. they are of the finest tradition of martin luther king -- they are about humanity. they do not make distinctions among patients. they do not care if you are rich or if you are poor, if you are b
FOX Business
Jan 30, 2013 6:00pm EST
, but the fact there are no taxes. one former new yorker tells you his story. can an ad publicly shame you out of bad habits? i'll break it down, next. ♪ all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. ♪ gerri: escaped from new york. it's not just something retirees say. a growing number of working professionals are leaving new york and other states in the northeast for conditions down south, and not just for lower taxes and more sunshine. what's the draw? joining me now, ceo of hedge cofrom new jersey calling west palm beach his home. i've been there many times. that's a nice
FOX Business
Jan 30, 2013 10:00pm EST
moving from new york to florida, would you move to could your income taxes? here is how you voted. 94 percent said yes, 6 percent said no. i go with that. be sure to log on to gerriwillis.com for online question every weekday. finally tonight, critically important, the answer is, yes, according to a new report. domestic cats, household pets that go outside and sprays killed millions of birds and small mammals each year. and the breakdown of fluffy and his friends killing spree, an average of 2 billion birds and 12 billion small mammals such a chipmunks, rabbits, and mice every year. according to researchers, more birds and mammals died at the mouths of cats than car accidents, boys as chemicals, and in on collisions with skyscrapers and windmills. part of a three-year fish and wildlife study. is this your tax predellas a work? crazy. that is my "2 cents more." that's it for tonight on "l dobbs tonight." have a great night. ♪ lou: >> a very good evening. i'm lori rothman. the obama -- obama economy heading a stumbling block, suffering its first decline since the end of the recession.
CNN
Jan 24, 2013 11:00am PST
lower. what you are seeing is a lot of investors wanting to take a profit before the capital gains taxes kicked in. you started seeing the stock sell off last september. as for today, they are choosing to get out and they are seating up. phones and tablets and the heat is coming heavier these days. >> it's about innovation here since steve jobs passed. tim cook took over and what does it say about tim cook's tenure as ceo? >> does he get the blame? sure. the buck stops with him. he's the same guy who oversaw the debut of the iphone 4s. he's the guy who stared the stock price. when kwook took over, the price doubled in the first year and his charge peaked in september. shares have tumble and there two camps and schools of thought. wall street and analysts say that they don't have the confidence that he can deliver, but this is an incredibly healthy company with $137 billion tucked away and the next four quarters show what this showed last night, maybe they will ree valuate. for now, cook should stay. >> we are just minutes away. president obama expected as we are looking live at the white
FOX Business
Jan 29, 2013 5:00pm EST
to the population. you know, a bigger populationings that's more labor, more consumption, a bigger tax base. you're a bigger economy like china. wouldn't more legal immigrants help us grow the economy? >> there's no question that adding more labor input makes the economy bigger, but there is not really any research to show it makes the economy better or more accurately, it raises per capita income. of course, that's what matters; right? canada and mexico have very roughly the same size economy, but we don't say, well, gosh, they are equally rich. no. mexico's population is several times larger, and so it's per capita is much lower. as far as we can tell because of the immigrants tend to be somewhat poorer on average, the overall per capita actually goes down when the immigrants arrive so it does make a larger gdp, but it doesn't seem to i'll -- improve the economic situation of the native born. immigrants do benefit, and that could be an argument for immigration. melissa: if they were legal, paying taxes, that's a big difference, especially from the perspective that one of th greatest costs is t
FOX News
Jan 30, 2013 1:00pm PST
that happened in three and a half years. all this as democrats are pushing for more tax hikes. former reagan advisor art laffer says that is the last thing we need. first thing in three and a half years we will an actual contraction in the economy and brought it to 2.1%. we spent $5.8 trillion and this is what we get for it. >> it's just dumb on the outside. government spending is milton friedman is taxation. government doesn't create resources, it redistributes resources and this government spending is why we had the recession. obama continued the bad job for four straight jobs and this is the result. >> eric: but they would say isn't for government spending we would have no growth? >> government spending it's not in spite of government spending it's because of the government spending. we think of it, you got two guys in the world, "a" and "b". if "b" gets unemployment benefits who do you think pays for it. it's "a" and it's taxation and that is the root of the problem. >> you drop taxes like the blogo sphere, no he raised taxes. did ronald reagan raise or lower taxes? >> he cut the highest
FOX Business
Jan 24, 2013 5:00pm EST
interest rates rise, our taxes are going to have to be higher to pay that debt. now, not all of that debt is held in the united states so it's not a question of just having to pay taxes in order to pay the american holders of that debt. about half the debt is now held outside the united states. chinese, middle east, others. we're going to have to raise taxes in the u.s., produce goods and services in the u.s., and ship them to the chinese, to the middle east, and others. the bigger the debt is, the more of that we're going to have to do, so it's a serious problem, and it also means that things could get out of -- really out of whack as they have in europe if suddenly foreigners or others just don't want to go on holding that debt. melissa: do you think that happens? there's a lot of people that say, you know, they don't want to stop buying our debt because we're the best game in town no matter how bad it gets, but that would be the tipping point when they come in and don't buy our debt. people say that would never happen. you honestly believe that would happen? >> it certainly could. it's
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